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Well, the same goes for basically any central bank (or for that matter Government). What's good for Texas or Paris may be bad for Montana or Bretagne. Of course the Eurozone has the added problem of a unified currency with competing fiscal policies making the (already unlikely) possibility of compensating monetary policy with fiscal and regulatory means even less likely.
by Anspen on Tue Jan 30th, 2018 at 06:11:38 PM EST
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